Immediate Alpha Review 2024 - An Honest Review by a Trader
If you’re involved in crypto trading, you might have come across the Immediate Alpha platform, a fast-growing cryptocurrency trading bot.
It’s designed to make crypto trading easy for both beginners and experienced traders by using data analytics, statistical modelling, and automation to achieve good results. But can you trust its claims of profitability? Let’s find out.
In our detailed Immediate Alpha review, we’ll look into its features, advantages, and drawbacks to help you decide if this trading bot is worth your time.
Our Investigation Result: Immediate Alpha Seems Legitimate!
Following extensive research and investigations, we can confirm that the Immediate Alpha trading platform stands as a legitimate crypto trading platform, with all the platform’s assertions proving true in our tests.
If you’re interested in starting your crypto trading journey and are considering giving it a try, you can sign up for a free account using the link below on the Immediate Alpha website. An account manager will assist you throughout the registration process.
Immediate Alpha Summary
| Minimum Deposit | $250 |
| Fees and Commission | None |
| Claimed Success Rate | 90%+ |
| Supported Cryptocurrencies | 14 |
| Deposit and Withdrawal Fees | None |
| Trading Platform | MT4 |
| Demo Account | Yes |
| Verification | KYC |
| Leverage | 100:1 |
What Is Immediate Alpha?
Immediate Alpha functions as an automated cryptocurrency trading bot, aiming to execute profitable trades on behalf of Immediate Alpha users, saving them time and effort. It’s particularly tailored to assist new traders, who may require additional skills for successful crypto trading.
Operating around the clock, the bot enables users to capitalize on major trading sessions across various time zones, by executing trades for users even when they are inactive or asleep.
Who Created Immediate Alpha?
The creators of the Immediate Alpha trading robot maintain a significant level of anonymity.
What we can determine is that constructing an algorithmic trading bot of this nature necessitates expertise in software development, mathematics, and finance, implying the involvement of a team comprising finance traders, software developers, and mathematicians.
While anonymity is prevalent in crypto, we advise caution due to the lack of transparency in projects with undisclosed founders, even though our tests indicate the bot’s commendable performance.
How Does Immediate Alpha Work?
You can set profit and loss parameters, indicating your desired average profit per trade and the tolerable loss limit. The bot uses these parameters to filter potential trade opportunities.
Immediate Alpha operates based on mathematical models that capture relationships among different market variables. The algorithm analyses these numbers to predict how they might evolve over time.
The bot constantly scans the market, processes market data using statistical models, recognizes behaviours of market variables, and predicts price movements. Once predictions are established, the bot initiates trades with significant profit potential, closely overseeing them until profit thresholds are reached.
Immediate Alpha is connected to cryptocurrency brokers and serves as a repository for your funds. For executing trades, the bot utilizes Contracts for Differences (CFDs), which are derivatives tracking crypto market price movements, allowing trading without actual ownership of the cryptocurrencies.
It’s crucial to understand that this overview provides a general understanding of how Immediate Alpha might operate, as most bots keep their internal mechanisms confidential as trade secrets. Leading bots distinguish themselves through their exclusive algorithms, which they protect to maintain a competitive edge over other automated trading platforms.
To start trading, a minimum deposit of $250 into your brokerage account is required. However, the bot does offer a demo mode where you can explore its features without having to deposit any funds.
Pros & Cons of Immediate Alpha
Pros
- Automated Trading System: Immediate Alpha carries out crypto trading automatically, saving the time and effort of users.
- Accessibility: The crypto trading platform is crafted to accommodate both new and experienced traders, ensuring broad accessibility.
- Broker integration with several global brokers
- Continuous Trading: Enabling trading 24/7, users can capitalize on significant trading sessions across diverse time zones, including periods of sleep.
- Data Analytics: Immediate Alpha utilizes advanced data analytics and statistical modeling technologies to make informed trading decisions.
- Profit Parameters: Immediate Alpha users have the option to define their preferred profit and loss parameters, enabling the bot to sift through trade opportunities based on their preferences.
Cons
- Anonymous Founders: The absence of transparency regarding the originators of Immediate Alpha may raise concerns regarding the platform's legitimacy and accountability.
- Limited Information: Complete disclosure of the bot's internal mechanisms is needed, as it might be challenging for users to comprehend the algorithms and processes driving the trades.
- Risk of Loss: Similar to any trading activity, there is always a potential for financial loss when utilizing Immediate Alpha, particularly during periods of market volatility.
- Dependence on Brokers: Users are required to deposit funds into cryptocurrency brokers associated with the bot, placing reliance on their security and reliability for their investments.
- Not a Guaranteed Profit: Despite the bot's claims of achieving profitable trades, success in cryptocurrency trading is never assured. Users should exercise caution and avoid relying solely on the bot's performance.
5 Key Features Of Immediate Alpha:
1. User-Friendly Interface
Immediate Alpha aims to be user-friendly for individuals of varying experience levels. The interface is straightforward, featuring easily identifiable icons and intuitive features. Nevertheless, beginners may need some time to grasp certain aspects that might not be immediately apparent.
2. Multi-Asset Support
In contrast to platforms confined to cryptocurrencies, Immediate Alpha facilitates trading in stocks and currency pairs (Forex) through CFDs. This versatility empowers users to delve into additional markets should specific ones present limited trading opportunities.
3. Demo Account Feature
Immediate Alpha provides users with access to a demo account, allowing them to explore the platform’s features without risking real funds. This proves advantageous for both beginners and experts, offering an opportunity to familiarize themselves with the platform and assess trading strategies using authentic cryptocurrency market data.
4. Affordable Fees
Immediate Alpha proudly claims itself as a free-to-use platform, although there’s more to the story. While it doesn’t impose explicit fees, a slight markup is added to the bid-ask spread when trading CFDs to cover its costs. Despite this, users can still use its services without incurring direct charges.
5. 24/7 Customer Support
Immediate Alpha boasts a round-the-clock customer support team to aid users with account setup, trading inquiries, and technical issues. Immediate Alpha customer support can be accessed through email, live chat, and phone calls, with the latter two channels providing quicker response times than email, particularly for urgent matters.
Factors To Consider Before Using Immediate Alpha
User Testimonials: 5/5
Most user testimonials for the Immediate Alpha robot have been positive. Our focus is on neutral platforms and personal experiences aimed to avoid potentially biased feedback on the features of Immediate Alpha, and the testimonials we encountered generally expressed satisfaction with the platform’s performance.
Security: 5/5
User security is a top priority for Immediate Alpha, with the implementation of advanced information security technologies to safeguard personal and financial data. The security features, including 2FA, were deemed sufficient, and as of now, there have been no reported breaches.
Deposit Methods And Limits: 4/5
Immediate Alpha accepts a range of deposit methods in USD, GBP, and EUR, encompassing bank transfers, credit cards, and electronic wallets such as PayPal. Additionally, cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple are accepted.
The minimum deposit requirement stands at $250. Credit card payments offer speed but come with higher costs, while bank transfers prove more economical under favorable currency and location conditions. Electronic wallets offer convenience for supported countries.
Verification System: 4.4/5
Registering on the Immediate Alpha website is a simple process, requiring a government-issued ID and proof of address for KYC verification. The process is swift, with only essential information requested. It typically takes around 20 minutes to complete both for the platform and the affiliated broker.
Costs And Fees: 5/5
Immediate Alpha is cost-effective, with no service fees charged by the robot. The bot generates revenue by adding a markup to crypto bid-ask spreads, which does not impact user trading. Our experience was consistent with Immediate Alpha’s claims, and we incurred no charges for utilizing the robot.
Customer Service: 4/5
Immediate Alpha’s customer service is commendable, providing various channels for customer support. Account holders can utilize live chat, phone, and email support, whereas non-account holders have access to phone and email support. The lack of live chat for non-account holders represents a minor limitation in customer support.
Withdrawal Process: 4.1/5
Immediate Alpha permits unrestricted withdrawals, although payment providers may enforce their own limits. The withdrawal process typically requires 24 hours, but the duration can vary depending on factors such as withdrawal amount, transaction volume, and technical considerations. Occasionally, identity verification may be requested as part of security measures.
Affiliated Brokers: 5/5
Immediate Alpha collaborates with reputable brokers, frequently under the regulation of entities like CySEC. However, our ability to thoroughly vet each partner was somewhat limited given their number. It is advisable for users to conduct research on the broker they intend to sign up with, ensuring it is regulated and trustworthy.
How Immediate Alpha Compares To Other Automated Cryptocurrency Traders:
Immediate Alpha competes in the cryptocurrency trading bot market, providing features similar to certain other trading bots and platforms. However, it also boasts distinct qualities that we’ll delve into later. If you’re intrigued, here are a few alternative crypto trading robots worthy of consideration:
- Immediate Connect: A popular choice which mainly deals in Bitcoin CFD trading
- BitIQ: is an excellent option for a diverse array of cryptocurrencies, supporting multiple assets.
- Ethereum Code: An ideal choice for Ethereum traders.
- Bit Index AI: A high-quality bot for high accuracy, utilizing AI and machine learning models
- Oil Profit: A recommended option for trading oil and various other assets.
- Bitcoineer: A new crypto trading bot with much potential.
Each platform comes with its strengths and weaknesses, making the Immediate Alpha automated trading platform better suited for specific traders depending on their preferences and trading goals.
Is Immediate Alpha A Legitimate Autotrader?
While we cannot offer absolute certainty about Immediate Alpha’s legitimacy, our research indicates that it does not appear to be fraudulent. The website presents evidence of numerous successful traders in the crypto market using the bot, and we found several testimonials supporting Immediate Alpha claims.
Additionally, the bot’s functionalities do not raise suspicions of fraud; it facilitates seamless deposits and withdrawals without trading against its users, a practice observed in some untrustworthy brokers. As of now, no illegitimate actions have come to our attention.
Is Immediate Alpha Safe?
The security of any online crypto trading platform is based on its safety measures, and Immediate Alpha seems to employ standard safeguards. Our inquiry unveiled the use of SSL encryption to secure its website.
Furthermore, our IT contacts confirmed the implementation of network and platform firewalls, deterring malicious traffic and web packets from infiltrating the platform. In terms of regulation, Immediate Alpha enforces KYC procedures to ensure users’ authenticity.
6 Compelling Reasons To Choose Immediate Alpha For Trading:
Cost-Effective Trading
Immediate Alpha serves as a cost-effective companion in the cryptocurrency trading platform landscape as it avoids charging fees for its services. Users can also utilize the demo mode to test strategies before implementing them in the live market. Furthermore, in contrast to competitors that deduct a portion of profits as fees, trading with Immediate Alpha does not reduce your earnings.
High Availability
The crypto market functions around the clock, and so does Immediate Alpha. Once activated, the bot adheres to a predetermined trading strategy for as long as necessary, tirelessly analyzing the market for profitable patterns and trends while executing crypto asset trading.
Automated Trading
Trading demands thorough research and constant monitoring, particularly for day traders, which is challenging for newcomers. Immediate Alpha’s automated features reduce this burden, allowing users to participate in day trading without the physical and mental strain.
Just set the initial parameters, and the trading bot handles the rest, incorporating risk management across multiple positions simultaneously.
Customizable Features
Immediate Alpha accommodates both novices and seasoned traders, providing user-friendly pre-configured features. Nevertheless, experienced traders can leverage customization options, utilize indicators, and even reprogram the trading platform’s bot to execute advanced trading strategies within specified limits.
High Potential Returns
Due to its robust computational analysis, the Immediate Alpha trading platform achieves remarkable profitability levels that often surpass those of many experienced traders.
While exact figures are not available, we estimate its success rate to be around 90% or even higher. While not infallible, trading with Immediate Alpha substantially enhances the chances of profitable trading.
High-Speed Trading
Immediate Alpha executes trades at lightning-fast sub-second speeds, a feat beyond the reach of human traders, regardless of their experience. This rapid speed proves advantageous for arbitrage and news traders, and it acts as a safeguard against flash crashes by promptly hedging or closing positions to minimize losses.
How To Optimize Your Trading With Immediate Alpha
Traders of different experience levels can utilize Immediate Alpha in various ways. Beginners embarking on their trading journey often favor straightforward features and simple trading strategies for profitable trading. In contrast, experienced traders opt for complex indicators and sophisticated approaches.
Regardless of expertise, both beginners and veterans can begin their journey with a demo trading account. Beginners can leverage the demo mode to become familiar with trading, practice strategy setting, and implement risk management techniques before they start trading. Meanwhile, veterans can refine existing strategies, test new indicators, and maximize profitability.
After refining your skills in the demo trading account mode, you can transition to the automated trading mode with a live account. This step may be optional for seasoned traders who can directly implement their proven strategies. However, new crypto traders can focus on utilizing the automated mode to enhance their trading experience.
Configure your trading parameters and set them in motion. In the initial days, closely monitor the bot’s execution. If everything goes smoothly, you can gradually reduce your monitoring and let the Immediate Alpha bot work autonomously.
Has Immediate Alpha Been Featured On TV?
Trading bots frequently become the subject of online rumours regarding their origin and operations. Recently, there were rumours suggesting that the Immediate Alpha trading platform sought funding from prominent business and entrepreneurial shows. However, after thorough research, we found no evidence to support these claims. Here are our findings:
Dragons’ Den:
Dragons’ Den, a renowned British entrepreneurial show, showcases entrepreneurs pitching their ventures to a panel of investors. While many technology company founders have appeared on the show, none have been associated with Immediate Alpha based on our findings.
Shark Tank:
Shark Tank, the US version of Dragons’ Den, features entrepreneurs seeking funding from investors. Contrary to rumours suggesting that representatives from Immediate Alpha appeared on the show, our research revealed that these rumours are unfounded.
CNBC:
CNBC, a television network specializing in finance and business, hosts various shows related to these topics. Despite rumours of Immediate Alpha being featured on one of CNBC’s shows, our research contradicts this, as no episodes featuring the bot were found in the network’s history.
Has Immediate Alpha Received Celebrity Endorsements?
Online claims suggested that Immediate Alpha worked with A-list celebrities to promote its services. However, we conducted thorough research to investigate these rumours. Here are our findings:
Elon Musk:
Elon Musk has been recognized for his engagement in the cryptocurrency industry and his impact on crypto markets via his tweets. He has not been found to have any associations with Immediate Alpha according to our investigation. It seems he has not been engaged with the platform.
Bill Gates:
As the founder of Microsoft and a notable philanthropist, Bill Gates has not indicated support for cryptocurrencies. He has openly voiced criticism against decentralized, encrypted networks. Our investigation did not uncover any connections between Bill Gates and Immediate Alpha.
Mark Cuban:
Mark Cuban is widely recognized for his engagement in cryptocurrency, particularly NFTs, actively investing in NFT platforms, and advocating for the technology on various TV shows.
Despite rumours suggesting that Mark Cuban endorsed Immediate Alpha through a partnership, our research found that these rumours are unfounded. There has been no official relationship between Mark Cuban and Immediate Alpha.
5 Guidelines For Safely Using Immediate Alpha And Managing Risk
1. Start Small:
For new traders, it’s advisable to refrain from going all-in with crypto trading, even with accurate algorithms. Many new investors should avoid risking more than they can comfortably afford to lose. Given the unpredictable nature of markets and the potential for unexpected events, using funds within your acceptable risk range is crucial to avoiding a challenging financial situation.
2. Learn About Cryptocurrency:
Always educate yourself, particularly in financial matters. While relying on an automated trading bot, staying updated on significant events, news reports, and cryptocurrency market trends affecting prices is crucial. Improving your knowledge equips you to make informed decisions and create strategies that consistently produce results.
3. Document Your Trades:
Keep a trading blotter to log your trades and transactions. This record proves invaluable for analyzing your trading strategy and style, facilitating informed decision-making and fostering growth as a trader. Moreover, it serves as documentation for tax purposes, especially in countries with crypto reporting and crypto tax frameworks.
4. Save Profits:
Rather than reinvesting all profits, consider withdrawing a portion and investing it elsewhere. This strategy establishes a financial cushion, safeguarding your funds in the event of unforeseen events impacting your crypto trading account. If you prefer to concentrate on trading, consider placing this portion in a savings account.
5. Follow Expert Advice:
For novice traders, seeking guidance from financial or trading experts can prove invaluable in navigating the markets. Even experienced traders can benefit from a sparring partner for creative and strategic insights.
While following prominent figures in the crypto space, exercise caution and prioritize accuracy and a track record of making informed calls when selecting mentors. Twitter can serve as a good starting point for finding industry insights, but focus on substance rather than mere popularity to gain an advantage in trading.
How To Get Started With Immediate Alpha - Step-By-Step Guide
Using Immediate Alpha is a straightforward process. If you’ve decided to utilize this auto-trading bot, follow these simple steps:
1. Register for an Account:
Visit the Immediate Alpha website and fill out the sign-up form with your name, email address, and phone number. Once completed, you’ll receive a confirmation email containing a verification link for your Immediate Alpha account.
2. Complete the Registration Process:
Click on the verification link to confirm your new Immediate Alpha account. Proceed with KYC verification by submitting a government-issued ID and an official document displaying your name and address, such as a bank statement or utility bill.
After successful validation, select a certified and legitimate broker. Create an account with the chosen broker and complete the verification process.
3. Decide on Your Trading Strategy:
Now, it’s time to decide on your trading strategy. Experiment with new approaches, use existing ones, or develop your custom strategy. It is fine if it isn’t perfect immediately; you’ll test it in the demo mode first.
4. Practice with the Demo Account:
Take advantage of the demo Immediate Alpha account to test your chosen strategy. If you’re a beginner, your initial strategy might yield a different result than the desired result, and that’s completely normal. Use this phase to fine-tune and refine your approach.
5. Make a Deposit:
Once prepared, deposit funds into your Immediate Alpha account to access a live account. The minimum deposit is set at $250. Ensure the available deposit methods are fit for your needs.
6. Set Up Automatic Trading:
Once your live account is prepared, activate the automatic mode to execute the refined trading strategy developed in the previous steps. Now, Immediate Alpha can seamlessly manage your trading account on your behalf.
Immediate Alpha: Assets, Market, And Options
What Can You Trade Using Immediate Alpha?
Immediate Alpha offers support for over 14 cryptocurrencies, including popular ones such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH). Moreover, the Immediate Alpha trading platform provides access to equities and currency pairs.
By utilizing Contracts for Differences (CFDs), you can explore over 30 crypto pairs, allowing you to take both long and short positions. This flexibility enables you to profit from both rising and falling markets.
As an example, suppose a trader initiates a $300 Bitcoin long position when BTC’s price is $20,000 per BTC, anticipating an increase. If the price rises to $23,000, the trader would realize a $45 profit. On the other hand, if the price falls to $18,000 per BTC, the trader would incur a $30 loss.
Can I Use Immediate Alpha In My Country?
| Can I use Immediate Alpha in the US? | No |
| Can I use Immediate Alpha in the UK? | No |
| Can I use Immediate Alpha in Australia? | Yes |
| Can I use Immediate Alpha in Sweden? | Yes |
| Can I use Immediate Alpha in Germany? | Yes |
| Can I use Immediate Alpha in Austria? | Yes |
| Can I use Immediate Alpha in Switzerland? | Yes |
| Can I use Immediate Alpha in Denmark? | Yes |
| Can I use Immediate Alpha in Finland? | Yes |
What Leverage Options Are Available With Immediate Alpha?
You can get leverage of up to 100:1 on CFD trades on Immediate Alpha. This is permitted in regions like Cyprus, Malta, and the Seychelles, but it is not allowed in the US. Leverage enables traders to amplify their position size and margins without the need for additional capital.
While leverage can be advantageous, it also comes with risks and the potential for significant financial losses. It is crucial to implement effective risk management practices when using leverage to mitigate potential risks.
What Are The Spreads On Immediate Alpha?
The specific crypto pairs, brokers, and platforms will determine what the exact spread is, when using Immediate Alpha. For the exact spread, it is best to check with the brokers you are using, as they typically state this on their websites. Note that, depending on market conditions, crypto spreads may fluctuate.
Final Thoughts On Immediate Alpha
The Immediate Alpha trading platform functions as an automated trading bot, streamlining cryptocurrency trading for assets like Bitcoin.
Using data analytics, the software examines the connections among market variables, allowing it to predict future price movements accurately by analysing historical patterns. This mathematical approach enables the bot to execute trades automatically with precision.
Immediate Alpha caters to both beginners and experienced traders, providing a diverse set of features that attract newcomers and can be tailored to meet the specific requirements of veteran traders.
To start trading, a minimum deposit of $250 is required in your trading account, and you can use methods such as bank transfers, credit card payments, electronic wallets like PayPal, or cryptocurrencies like BTC, ETH, XRP, and LTC.
Sign up on the Immediate Alpha registration page and complete the account verification process to trade now.
Review Methodology
In our review process, we collected information from diverse sources, incorporating tests, reviews, and testimonials from various corners of the web. Our aim is to present a well-rounded perspective on Immediate Alpha’s performance by taking into account multiple perspectives.
Recognizing the presence of false testimonials online, we carefully compare information to deliver an honest Immediate Alpha review. For further details on our testing process, feel free to explore our why trust us and how we test pages.